Iran blog + International trade | The Guardianhttps://www.theguardian.com/world/iran-blog+business/internationaltrade
model.DotcomContentType$TagIndex$@79e27f24en-gbGuardian News and Media Limited or its affiliated companies. All rights reserved. 2018Thu, 22 Feb 2018 05:33:04 GMT2018-02-22T05:33:04Zen-gbGuardian News and Media Limited or its affiliated companies. All rights reserved. 2018The Guardianhttps://assets.guim.co.uk/images/guardian-logo-rss.c45beb1bafa34b347ac333af2e6fe23f.pnghttps://www.theguardian.com
China floods Iran with cheap consumer goods in exchange for oilhttps://www.theguardian.com/world/iran-blog/2013/feb/20/china-floods-iran-cheap-consumer-goods
With the Islamic republic increasingly cut off from global markets due to sanctions, Beijing is in a prime position to benefit<p>On the north Tehran stretch of the busy Shariati Street, the newly opened car dealership, Geelran, offers a range of Chinese-made vehicles to middle-class city dwellers. A stone's throw from the former grounds of the British embassy, left vacant after a hostile takeover by anti-western demonstrators in late 2011, the new headquarters of the Geely brand is the second Chinese automobile manufacturer in Iran. Another company, Chery Motors, has been active here for five years, and produces several of its low-range vehicles on Iranian assembly lines.</p><p>The price of the French-made Renault Mégane, until recently a staple for local car buyers, has tripled since 2011. It now sells for around 42.2m tomans (£22,450), and spare parts are becoming scarce.</p> <a href="https://www.theguardian.com/world/iran-blog/2013/feb/20/china-floods-iran-cheap-consumer-goods">Continue reading...</a>IranMiddle East and North AfricaWorld newsChinaInternational tradeAutomotive industryOilBusinessWed, 20 Feb 2013 13:42:00 GMThttp://www.theguardian.com/world/iran-blog/2013/feb/20/china-floods-iran-cheap-consumer-goodsPhotograph: Morteza Nikoubazl/ReutersRush-hour traffic in Tehran. China is angling for a large slice of the consumer market in Iran, including cars. Photograph: Morteza Nikoubazl/ReutersPhotograph: Morteza Nikoubazl/ReutersRush-hour traffic in Tehran. China is angling for a large slice of the consumer market in Iran, including cars. Photograph: Morteza Nikoubazl/ReutersTehran Bureau correspondent2013-02-20T13:42:00Z